PROSPECTS AND OPPORTUNITIES
Volumes set to regain momentum, while value sales are expected to stabilise
Over the forecast period, demand for savoury snacks is expected to gradually regain momentum benefiting from the easing of inflationary pressures and the recovery of impulse purchases. To stand out from the increasing competition, producers of savoury snacks are expected to continue investing in flavour expansion to create excitement and address different consumption occasions.
Competition set to expand and intensify
Competition is set to grow as local brands assess future collaborations and mergers strengthen already well-positioned brands in the market. For instance, Grupo Nutresa, one of the most important food conglomerates in Colombia, announced an agreement to acquire a 40% stake in Alcora, the company that owns 100% of the shares of Productos Yupi, a well-known snack brand in the country.
Players to focus on health and innovation
Innovations and new product developments are expected to increase in savoury snacks over the forecast period as producers will continue to fight with private label producers for consumer attention. Beyond flavours, shapes, and packaging, the introduction of new ingredients and entirely new products is becoming more common.
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Overview:
Understand the latest market trends and future growth opportunities for the Savoury Snacks industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Savoury Snacks industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Savoury Snacks in Colombia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Savoury Snacks in Colombia?
- Which are the leading brands in Savoury Snacks in Colombia?
- How are products distributed in Savoury Snacks in Colombia?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Savoury Snacks?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Colombia?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Savoury Snacks in Colombia - Category analysis
KEY DATA FINDINGS
Manufacturers invest in flavour expansion to bring excitement to savoury snacks
PepsiCo to explore new intense opportunities
Convenience stores growing strongly
Volumes set to regain momentum, while value sales are expected to stabilise
Competition set to expand and intensify
Players to focus on health and innovation
Snacks in Colombia - Industry Overview
Snacks in 2025: The big picture
Key trends in 2025
Competitive Landscape
Channel developments
What next for snacks?
DISCLAIMER
The following categories and subcategories are included:
Savoury Snacks
- Nuts, Seeds and Trail Mixes
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- Potato Chips
- Tortilla Chips
- Puffed Snacks
- Rice Snacks
- Vegetable, Pulse and Bread Chips
- Savoury Biscuits
- Popcorn
- Pretzels
- Meat Snacks
- Seafood Snacks
- Other Savoury Snacks
Savoury Snacks
This is the aggregation of chips/crisps, extruded snacks, tortilla/corn chips, popcorn, pretzels, nuts and other categories of savoury snacks.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Savoury Snacks research and analysis database.
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